YieldMax AMD Option Income Strategy ETF (NYSEARCA:AMDY) Sets New 52-Week High – Still a Buy?

Shares of YieldMax AMD Option Income Strategy ETF (NYSEARCA:AMDY) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $39.92 and last traded at $39.5680, with a volume of 31847 shares. The stock had previously closed at $7.84.

YieldMax AMD Option Income Strategy ETF Price Performance

The company has a market capitalization of $909.66 million, a PE ratio of 75.84 and a beta of 1.80. The stock has a 50-day simple moving average of $45.22 and a 200 day simple moving average of $42.15.

YieldMax AMD Option Income Strategy ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 5th. Investors of record on Thursday, December 4th were given a $0.95 dividend. The ex-dividend date was Thursday, December 4th. This represents a dividend yield of 10,333.0%.

Hedge Funds Weigh In On YieldMax AMD Option Income Strategy ETF

An institutional investor recently bought a new position in YieldMax AMD Option Income Strategy ETF stock. Westend Capital Management LLC purchased a new stake in YieldMax AMD Option Income Strategy ETF (NYSEARCA:AMDY) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 34,214 shares of the company’s stock, valued at approximately $264,000. Westend Capital Management LLC owned approximately 0.16% of YieldMax AMD Option Income Strategy ETF at the end of the most recent reporting period.

YieldMax AMD Option Income Strategy ETF Company Profile

The YieldMax AMD Option Income Strategy ETF (AMDY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Advanced Micro Devices, Inc stock (AMD) through a synthetic covered call strategy, collateralized by cash and US Treasurys AMDY was launched on Sep 18, 2023 and is issued by YieldMax.